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Industry Landscape
The construction and building materials industry is currently experiencing steady growth, driven by residential and commercial development. There's a strong emphasis on energy efficiency, custom solutions, and durability. Companies are adapting to supply chain challenges while focusing on customer satisfaction and leveraging digital channels for outreach.
Total Assets Under Management (AUM)
Construction Spending in United States
~Approximately $2.1 trillion (Q1 2024, seasonally adjusted annual rate)
(10.0% (residential, YTD April 2024) CAGR)
- Residential construction remains strong.
- Non-residential construction shows mixed trends.
- Public construction sees continued investment.
Total Addressable Market
1.8 trillion USD
Market Growth Stage
Pace of Market Growth
Emerging Technologies
Impactful Policy Frameworks
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